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274 Tutbury Road, Burton-on-Trent, Staffordshire DE13 0NY

Lot no: 40 Re-entry to a future auction for £275,000
 

Guide Price £275,000 plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.

Thursday 29th September 2022

10.00am
Key Features
  • Former mixed use property
  • Prominent corner plot
  • Three bedrooms
  • In need of modernisation throughout
  • EPC Rating: F
  • Council Tax Band: E
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Re-entry to a future auction for £275,000

Detached house

Property Description:

Occupying a superb corner position is this former spacious shop with store and living accommodation having three bedrooms, two reception rooms and a substantial kitchen/diner which is in need of modernisation throughout, Offering scope and potential for a variety of uses (subject to planning consent). Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

This substantial former mixed use property offers tremendous scope and potential, occupying a highly visible corner plot on Tutbury Road and Beamhill Road. Ideal for a variety of uses (subject to planning consent) having previously been a newsagents/convenience store, surrounded by numerous properties in this busy main road position together with an increasing customer base provided by new developments nearby.

Set on an elevated position and approached via pedestrian gated access off Tutbury Road and gated driveway access off Beamhill Road.

The substantial ground floor layout has a former shop floor space with store that has windows to the front and side.

The living accommodation lies to the rear comprising a lounge with fireplace and a sitting room/study area. A large kitchen diner is ideal for family life currently with base and eye level units, work surfaces, space for appliances plus a window and door out to the rear. Off the kitchen an inner hall leads to a WC.

Please Note

Please be advised that whilst our joint agent has conducted an inspection, the auctioneers have not personally inspected the property. Room measurements will therefore not be provided. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Tenure:

Freehold. Vacant possession upon completion.



Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales).

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions’ Buyers Terms.


Auction Deposit and Fees

The following deposits and non- refundable auctioneer’s fees apply:

• 5% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.


Additional Information

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack.


Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.